ALPHA - COLOR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ALPHA - COLOR
Largest movements
- Receivables within one year +€11,242
up €11,242 (+49.6%), from €22,685 to €33,927
of which Trade receivables: +€8,798
- Deferred charges and accrued income +€11,183
up €11,183 (+976%), from €1,145 to €12,328
- Cash -€5,698
down €5,698 (-42.0%), from €13,569 to €7,871
mainly Receivables within one year (-€11,242) and Deferred charges and accrued income (-€11,183)
- Tax, wage and social debts +€18,166
up €18,166 (+198%), from €9,160 to €27,326
of which Remuneration and social security: +€18,560
- Trade debts -€6,667
down €6,667 (-51.7%), from €12,890 to €6,223
of which Suppliers: -€6,667
- Short-term financial debts +€2,353
new in 2025: €2,353
- Other debts +€1,932
up €1,932 (+18,543%), from €10 to €1,943
- Reserves +€1,398
up €1,398 (+8.6%), from €16,311 to €17,709
- Staff costs +€58,323
new in 2025: €58,323
- Gross operating margin +€39,784
up €39,784 (+153%), from €26,049 to €65,833
- Taxes -€4,792
down €4,792 (-72.4%), from €6,615 to €1,824
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,687 | €56,827 | +€17,140 | +43.2% |
| Fixed assets | 21/28 | €2,288 | €2,701 | +€413 | +18.0% |
| Tangible fixed assets | 22/27 | €2,288 | €2,701 | +€413 | +18.0% |
| Furniture and vehicles | 24 | €2,288 | €2,701 | +€413 | +18.0% |
| Current assets | 29/58 | €37,399 | €54,126 | +€16,727 | +44.7% |
| Amounts receivable within one year | 40/41 | €22,685 | €33,927 | +€11,242 | +49.6% |
| Trade receivables | 40 | €20,814 | €29,612 | +€8,798 | +42.3% |
| Other amounts receivable | 41 | €1,870 | €4,315 | +€2,445 | +131% |
| Cash at bank and in hand | 54/58 | €13,569 | €7,871 | -€5,698 | -42.0% |
| Deferred charges and accrued income | 490/1 | €1,145 | €12,328 | +€11,183 | +976% |
| Total equity and liabilities | 10/49 | €39,687 | €56,827 | +€17,140 | +43.2% |
| Equity | 10/15 | €17,585 | €18,983 | +€1,398 | +7.9% |
| Reserves | 13 | €16,311 | €17,709 | +€1,398 | +8.6% |
| Distributable reserves | 133 | €16,311 | €17,709 | +€1,398 | +8.6% |
| Profit (loss) carried forward | 14 | €1,275 | €1,275 | = | 0.0% |
| Amounts payable | 17/49 | €22,102 | €37,844 | +€15,742 | +71.2% |
| Amounts payable within one year | 42/48 | €22,060 | €37,844 | +€15,784 | +71.6% |
| Financial debts | 43 | - | €2,353 | +€2,353 | |
| Credit institutions | 430/8 | - | €2,353 | +€2,353 | |
| Trade debts | 44 | €12,890 | €6,223 | -€6,667 | -51.7% |
| Suppliers | 440/4 | €12,890 | €6,223 | -€6,667 | -51.7% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,160 | €27,326 | +€18,166 | +198% |
| Taxes | 450/3 | €9,160 | €8,766 | -€394 | -4.3% |
| Remuneration and social security | 454/9 | - | €18,560 | +€18,560 | |
| Other amounts payable | 47/48 | €10 | €1,943 | +€1,932 | +18,543% |
| Accrued charges and deferred income | 492/3 | €42 | €0 | -€42 | -100% |
| Remuneration, social security and pensions | 62 | - | €58,323 | +€58,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | €611 | -€598 | -49.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €457 | €622 | +€165 | +36.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,049 | €65,833 | +€39,784 | +153% |
| Operating profit (loss) | 9901 | €24,384 | €6,278 | -€18,106 | -74.3% |
| Financial income | 75/76B | €221 | €0 | -€221 | -100% |
| Recurring financial income | 75 | €221 | €0 | -€221 | -100% |
| Financial charges | 65/66B | €1,679 | €1,114 | -€565 | -33.7% |
| Recurring financial charges | 65 | €1,679 | €668 | -€1,011 | -60.2% |
| Non-recurring financial charges | 66B | - | €446 | +€446 | |
| Profit (loss) for the period before taxes | 9903 | €22,926 | €5,164 | -€17,762 | -77.5% |
| Income taxes | 67/77 | €6,615 | €1,824 | -€4,792 | -72.4% |
| Profit (loss) for the period | 9904 | €16,311 | €3,340 | -€12,971 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,311 | €3,340 | -€12,971 | -79.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.